U.S. Income Tax Compliance

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Form W-7 • Who must file? – Exceptions – Other situations where an ITIN may be applied for • Exception 1 -- Passive income – third party withholding or treaty benefits -- A NRA who is the recipient of partnership income, interest income, annuity income, etc. that is subject to third party withholding or covered by tax treaty benefits • Exception 2 -- Other income – A NRA claiming the benefits of a US income tax treaty who receives compensation for personal services (wages, salary etc.), scholarships, fellowships, grants, or gambling income or who receives taxable scholarship, fellowship, or grant income but is not claiming treaty benefits • Exception 3 -- Mortgage interest – third party reporting – If a NRA has a home mortgage loan on real property owned in the US that is subject to third party reporting of mortgage interest • Exception 4 -- Dispositions by a foreign person of US real property interests – third party withholding – If a NRA is a party to a disposition of a USRPI that is subject to withholding
Form W-7 • When and where to file – Form W-7 should be attached to the tax return for which the ITIN is needed – If one of the exceptions applies, the form should be filed as soon as possible after it is determined that the exception applies – Filing by mail – Internal Revenue Service, ITIN Operations, P.O. Box 149342, Austin, TX 78714 – File in person – Form W-7 may be filed at any IRS <strong>Tax</strong>payer Assistance Center or at most IRS offices abroad – File through an acceptance agent – Form W-7 may be filed with an authorized acceptance agent
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Page 3 and 4: International Tax Forms • More Fo
Page 5 and 6: International Tax Forms • Forms f
Page 7 and 8: International Tax Forms • Forms f
Page 9 and 10: Form 926 • Exceptions - Various e
Page 11 and 12: Form 3520-A • Copies of the Forei
Page 13 and 14: Form 3520 • Who must file? - A re
Page 15 and 16: Form 3520 • Where and when to fil
Page 17 and 18: Form 5471 • Who must file? - Cate
Page 19 and 20: Form 5471 • A U.S. person has con
Page 21 and 22: Form 5471 • Penalties - A $10,000
Page 23 and 24: Form 5471 • Penalties - Any perso
Page 25 and 26: Form 8858 • A foreign disregarded
Page 31 and 32: Form 8865 • When and where to fil
Page 33 and 34: Form 8865 • Penalties - Category
Page 35 and 36: Form 8865 • Penalties - Category
Page 37 and 38: Form TDF 90-22.1 • A financial ac
Page 39 and 40: Form TDF 90-22.1 • Signature Auth
Page 41 and 42: From 5472 • Who must file? - Any
Page 43 and 44: From 5472 • Exceptions - No repor
Page 45 and 46: Form 5472 • When and where to fil
Page 47: Form W-7 • Who must file? - Any i
Page 51 and 52: Form 8832 • When to file - An ele
Page 53 and 54: Forms 8804, 8805, and 8813 • Who
Page 55 and 56: Forms 8804, 8805, and 8813 • Wher
Page 57 and 58: Forms 8288, 8288-A, and 8288-B •
Page 63 and 64: Other Forms • Where to file Form
Page 65 and 66: Draft Form 1120-F • Other new sch
Page 67 and 68: When is a partnership required to f
Page 69 and 70: When is a foreign partner required
Page 71 and 72: Examples • Every domestic partner
Page 73 and 74: Examples • Answer depends on the
Page 75 and 76: What are the due dates for the retu
Page 77: What are the due dates for the retu

U.S. Income Tax Compliance

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